Equity Markets Trading Higher, Bullion Market Down - Updates By Money Maker Research

Domestic Equity markets opened higher on today following global cues amid Reserve Bank of India’s latest report that stated that the near-term growth outlook for India seems brighter than last fiscal and the economy is likely to expand at 7.6 percent in 2016-17. BSE Sensex has earned more than 300 points in Tuesday trading session till yet. Currently Sensex is live at 28216 with 313 points hike and Nifty has hiked century points to 8707. Grasim, Bajaj Auto, Maruti Suzuki, Ambuja Cements and Tech Mahindra have forced Nifty to gain positive points. Bajaj Auto, Maruti Suzuki, GAIL, ICICI Bank and Sun Pharma have lift up the Sensex to soar 300 points up. Asian Indices are trading mixed. Nikkei dropped 12 points to 16725, Hang Seng has hiked 229 points to 23050 and Shanghai Composite is flat with just 6 points up at 3076. Commodity market has dropped down today. Gold lost 115 points to 30960 while Silver dropped 227 points to 44140. Natural Gas and Crude Oil with no major changes trading at 195 points and 3174 points respectively. Indian currency Rupee is trading higher by 9 paise at 67.08. All the Indian sectors are trading higher in the positive zone. BSE Auto sector is leading of all the sectors by gaining 374 points to 21915, BSE BANKEX hiked 251 points to 22310 and Bank Nifty earned 233 points to 19450. 

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Afternoon Session Stock Market Updates By Money Maker Research

Sensex Nifty hovers around their crucial levels. Sensex is up 19 points or 0.07 percent to 28009 and Nifty is up 5 points or 0.06 percent to 8637. Some buying activity is seen in oil and gas, pharma, utilities, auto, IT, energy and teck sectors, while telecom, banking, capital goods, metal and finance are showing weakness on BSE. Asian market indices are under pressure. Shanghai Composite drops 3 points to 3085, Hang Seng trading at 22807 with major loss of 191 points and Nikkei gains 99 points to 16597. Midcap sector is trading well. BSE Smallcap hikes 71 points to 12505, BSE Midcap hikes 60 points to 13006 and Nifty Midcap gains 62 points to 15120. Precious metals Gold and Silver lost some points and trading in the negative zone. MCX Gold dropped 55 points to 31315 and Silver has lost 69 points till yet to 44427. Crude Oil has dropped 54 points to 3185.  

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Sensex Nifty Slipped, Infosys to cut 500 Jobs - Update By Money Maker Research

Benchmark indices BSE Sensex and NSE Nifty ended in red today on Monday on account of selling in frontline blue chip stocks. Sentiments remained downbeat after the government appointed Urjit Patel as the next RBI governor. Sensex lost 91 points to 27985 and Nifty dropped 37 points to 8629. Midcap slipped too in today's session. BSE Small Cap dropped 16 points to 12442, BSE Mid-Cap closed on 12981 while losing 54 points and Nifty MidCap dropped 102 points to 15086. Only Consumer durables sector and FMCG Sector traded in the positive zone closed at 12226 and 8753 respectively. Asian Market indices had a mixed trade today. Nikkei hiked 52 points to 16598, Hang Seng drifted up by 60 points to 22997 while Shanghai Composite dropped 23 points to 3084. Overall 1253 shares advanced, 1463 shares declined and 206 shares remained unchanged.

Two disappointing quarterly results and cancellation of a major contract with Royal Bank of Scotland has led software giant Infosys to cut jobs of as many as 500 employees.  

Top Gainers: HUL, BHEL, ITC, Zee Entertainment, Idea Cellular  

Top Losers: Grasim, TCS, Lupin, Aurobindo Pharma, Ambuja Cements

Sensex Nifty Under Pressure - Market Updates By Money Maker Research

The Indian stock market opened lower on Tuesday. The key benchmark is trading lower after disappointing macroeconomic data and weak trend in Asian markets. India's retail inflation hit a two-year high of 6.07% in July and the country's merchandise exports contracted 6.84% from a year earlier in the month, after a marginal rise in June. Bharti Infratel dropped more than 4.5 percent till yet in todays session. Sensex has dropped 189 points to 27963 and Nifty has dropped 60 points to 8611. Commodity Market is moving upwards. Gold hiked 221 points to 31440 and Silver surged 520 points to 46645. Crude Oil has gain a huge amount of 89 points to 3060 and Natural Gas with no major movements trading at 173. Rupee is trading higher with 6 paise at 66.82 against US Dollar. All the Asian Market Indices are trading low in the negative zone. Maximum Indian Sectors are also trading in negative zone. 

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Market Closing Updates By Money Maker Research | Stock Tips

After falling for past two trading sessions, the Indian stock market see-sawed between negative and positive zone throughout the day and ended higher snapping its losing streak thanks to renewed buying momentum in the FMCG, oil & gas and IT stocks. At the closing session of the stock market, Equity Benchmarks ended green. Sensex with 84.72 points closed at 27859 and Nifty hiked 16.85 points to 8592. Indian Rupee closed at 66.87 against US Dollar. BSE Midcap with 3 points up closed at 12648 and Nifty MidCap with 29 points up closed at 14743. Gold dropped 31 points to 31362 and Silver dropped 96 points to 47019. Natural Gas hikes 1 points to 173 and Crude Oil slipped 25 points to 2787. Asian Market traded average. Nikkei dropped 29 points to 16735, Hang Seng hike 88 points to 22580 and Shanghai Composite dropped 16 points to 3002. Overall 1169 shares advanced, 1517 shares declined and 161shares remained unchanged. Bank of Baroda tumbled 8.9% to Rs.146. The bank said its net profit for the June quarter fell 59.74% from a year ago due to higher provisions and lower net interest income. Net profit for the quarter stood at Rs.423.62 crore as compared to Rs.1,052.15 crore a year ago.

Top Gainers: Idea Cellular, Eicher Motors, Lupin, BPCL, ITC 

Top Losers: Bank of Baroda, Grasim, Bharti Infratel, Zee Entertainment, Hindalco 

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Indian Stock Marekt Updates By Money Maker Research | Stock Tips By Experts

At 12:45 PM stock market with average leads trading in the positive direction. Sensex with 68 points up live at 28146 and Nifty with 21 points up trading at 8704. Currently Rupee is trading with strength of 1 paise at 66.76 against US Dollar. Asian market is making a good graph in the positive direction with positive leads. Nikkei with 396 points lead trading at 16650, Hang Seng is with 305 points to 22451 and Shanghai Composite with 22 points up trading at 2999. All the major Indian sectors are trading in the positive zone except the Capital Goods sector which is 16 points down to 15137. BSE Small Cap is trading live at 12391 with 84 points up, BSE Midcap shifted 97 points up to 12795 and Nifty Midcap uplifted to 89 points at 14916.

Bullion market is trading down today. MCX Gold with 138 points drop live at 31090 and Silver dropped 231 points to 45994. In Energy Sector, Natural Gas dropped 2.50 points to 183.60 and Crude Oil with 34 points lead trading at 2820. 

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Sensex Nifty Dropped Down, MidCap In Positive zone | Free Expert Tips

The Indian shares erased early gains after opening sharply higher earlier in the session, as the Rajya Sabha passed the GST Constitutional Amendment Bill. Sensex live at 27640 with 57 points drop and Nifty live at 8521 with 23 points drop. Commodity Market dropped too. Gold dropped 108 points to 31500 and Silver slipped highly to 401 points at 47270. Natural Gas trading at 191 points with minor loss of 0.30 points and Crude Oil with hike of 12 points trading at 2752. Currently Indian currency, Rupee trading weak by 0.03 paise at 66.96 per US Dollar. Mid Cap is still holding its gains. Nifty Midcap trading at 14528 with 8 points up and BSE MidCap with minor hike of 1.94 points trading at 12442. BSE Auto Sector is leading of all the sectors with 215 points lead at 20943. Currently Asian Market is trading in the positive zone. Japan's Nikkei with 171 points hike trading at 16254, Hong Kong's benchmark index Hang Seng live at 21832 with 93 points hike and China's benchmark index Shanghai Composite with 4 points lead trading at 2982. 

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Stock Market Slipped Down Update By Money Maker Research

On the fresh new day of the new month, Stock Market had a good opening but could hold its early gains and fell down. The market continues to struggle but technology stocks are outperforming. Sensex dropped 79 points to 27972 and Nifty dropped 14 points to 8623. The Indian rupee opened higher by 22 paise at 66.80/$ against US Dollar Monday as against the previous close of 67.02/$. TCS, Wipro, Maruti, Bajaj Auto and Dr Reddy's Labs are top gainers while ICICI Bank, L&T, Adani Ports, BHEL and Lupin are losers in the Sensex. BSE Capital Goods lost highest of 337 points to 15140, BSE Bankex dropped 266 points to 21411 and Bank Nifty lost 238 points to 18714. Asian Market is trading average. Nikkei with 66 points hike trading at 16635, Hang Seng being at the top gained 237 points at 22129 and Shanghai Composite with 25 points down trading at 2953.